Virtually Staged. Virtually Staged. Exceptional mixed-use investment opportunity in the heart of the world-famous Tarpon Springs Sponge Docks. Located on highly desirable Athens Street, this income-producing property offers the perfect blend of commercial and short-term rental potential in one of Florida’s most vibrant waterfront destinations. All structural renovations have been complete. Building is fortified and reinforced. The downstairs commercial space is home to an established full bar with a long-term tenant already in place, providing immediate and consistent income. Upstairs features a beautifully versatile residential space ideal for Airbnb or vacation rental use, complete with 2 sleeping areas including a private bedroom and loft, full kitchen, full bathroom, and a layout designed for comfortable coastal living. Photos show potential renovation ideas. Positioned just steps from the marina, restaurants, nightlife, live music, shopping, and the historic Sponge Docks, this property offers strong tourism appeal and exceptional upside for investors seeking cash flow and future growth potential. Rare opportunity to own a prime property in one of Tampa Bay’s most iconic destination locations. (this property is also listed commercially TB8506284)
For sale
$1,250,000
531 ATHENS STREET, TARPON SPRINGS, FL 34689
2beds
2,772sqft
Single Family Residence
Built in 1911
4,395 Square Feet Lot
$1,173,100 Zestimate®
$451/sqft
$-- HOA
What's special
Full kitchen
- 156 days
- 138
- 9
Zillow last checked:
Listing updated:
Listed by:
Christina Paolillo 727-458-2482,
CHARLES RUTENBERG REALTY INC 727-538-9200
Source: Stellar MLS,MLS#: TB8506409
Originating MLS: Suncoast Tampa

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Built-in Closet
- Level: Second
- Area: 100 Square Feet
- Dimensions: 10x10
Dinette
- Level: Second
- Area: 56 Square Feet
- Dimensions: 7x8
Kitchen
- Level: Second
- Area: 140 Square Feet
- Dimensions: 10x14
Living room
- Level: Second
- Area: 252 Square Feet
- Dimensions: 18x14
Heating
- None, Other
Cooling
- Ductless, None
Appliances
- Included: None
- Laundry: Other
Features
- None
- Flooring: Other
- Has fireplace: No
Interior area
- Total structure area: 2,772
- Total interior livable area: 2,772 sqft
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
- Exterior features: Balcony
Lot
- Size: 4,395 Square Feet
Details
- Parcel number: 122715412380000020
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Concrete, Stucco, Wood Frame
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1911
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: HOPES B
HOA
- Has HOA: No
Location
- Region: Tarpon Springs
Financial & listing details
- Price per square foot: $451/sqft
- Tax assessed value: $472,000
- Annual tax amount: $8,047
- Date on market: 5/7/2026
- Cumulative days on market: 157 days
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Asphalt, Brick
Estimated market value
$1,173,100
$1.11M - $1.23M
$2,556/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Price change | $1,250,000-3.5%$451/sqft |
Source: | ||
| 5/7/2026 | Listed for sale | $1,295,000-0.4%$467/sqft |
Source: | ||
| 6/10/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/24/2025 | Listed for sale | $1,300,000+632.8%$469/sqft |
Source: Owner Report a problem | ||
| 1/11/2023 | Sold | $177,400$64/sqft |
Source: Public Record Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/23/2018 | Listing removed | $1,200 |
Source: Owner Report a problem | ||
| 9/20/2018 | Listed for rent | $1,200 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,047 +13.4% | $404,730 +5.1% |
| 2024 | $7,097 +5.1% | $385,000 +6.9% |
| 2023 | $6,754 +6.4% | $360,000 +9.1% |
| 2022 | $6,349 +7.2% | $330,000 +10% |
| 2021 | $5,921 +7.6% | $300,000 +9.1% |
| 2020 | $5,501 +3.3% | $275,000 +4.2% |
| 2019 | $5,325 | $264,000 +2.3% |
| 2018 | $5,325 +1.3% | $258,000 +1.2% |
| 2017 | $5,258 +4.4% | $255,000 +6.3% |
| 2016 | $5,037 +2.9% | $240,000 +5.3% |
| 2015 | $4,894 +2.7% | $228,000 +3.2% |
| 2014 | $4,764 | $221,000 |
Find assessor info on the county website
Monthly payment
Est. payment






